With your costs being less you can invest more into the property to build reviews and get bookings. 

I have read the BRRRR book as well as some other investment books and though I am aware that the author recommends buying properties with all cash, I am still torn between going that route or going with traditional financing instead (or perhaps even a "hybrid" of those two options; saving up to put 40 to even 50% down or more to get higher cash flow and more equity right away, while also being able to forego the waiting process of building up enough capital to invest all-cash in another property again (assuming I don't use a hard-money loan).

But books!

Read books, network, research markets, and plan your strategy.

I actually just finished reading his book and was surprisingly disappointed for a couple reasons.

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

They manage listing and book guests.

Yes I recently purchase this so called mentorship but before I made the purchase like a few other people stated here on this platform they were contacted and a so call interview to see if you are a good fit ...bulls..t they pry to see if you can pay with a credit card as Ed said word for word you can use more than one card but before purchasing I told Ed Peter's right hand man I do not want books and video if that is what it is I don't want it .. ooh no he says we hold your hand meaning peter as I can see someone else got the same script on this platform ..after paying 15 000  guess what came in the mail books and software with videos go figure and I stressed that is not what I want and asked for my money and Peter said no refunds  I suggest you watch the videos I called to chime in on his Q&A session he was answering question from one of the another protégé  and once he finished and the protégé  hung up Peter said if you have any questions punch *6 so I'd did just that instead of him asking me what was my question he hung up the phone on me as if I was not there it is was sad because there was only 2 people that was on the line me and the other supposed to be protégé if you are thing Bout being apart of epartners  I suggest you think twice I don't think it is a good idea I am out of 15 000 as 4/26/22 I am furious  these so-called wealthy people are ripping of the public 15,000 is a lot of money to be in debt with no income coming in and you put your trust in a person  that claims to be helping you reach financial freedom and don't give a dam if you live or die stay away from this program

No maintenance/cap ex, vacancy, PM, book keeping, asset protection, miscellaneous, etc.his actual cash flow when properly allocating for sustained expenses is a fraction of his advertised cash flow.  

Most of the STRs out here in Hawaii are sold turnkey, so already furnished and decorated, many with lots of future bookings.